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Wal-Mart names new Asda boss

Wal-Mart seeks continuity with Asda appointment

The appointment of long-time Asda executive Andy Clarke as chief executive of the supermarket operator suggests that US parent Wal-Mart is seeking strategic continuity at its UK arm, despite recent admissions that the company's sales...

In the spotlight: Bond bows out as Asda boss

In the spotlight: Bond bows out as Asda boss

In a shock announcement today (12 March), Wal-Mart revealed that Andy Bond is stepping down as chief executive of Asda. The news has raised many an eyebrow in the world of UK retail, as it comes hot on the heels of speculation that Asda is gearing up for a major acquisition and ahead of a highly-anticipated investor meeting. Bond's departure – and the appointment of his successor – will prove telling not only for Asda but also for the landscape of the UK's retail sector, Katy Humphries suggests.